News linked to this event type.
US President Trump explicitly stated that he is not seeking an agreement with Iran, sending a new signal regarding US policy toward Iran.
Odaily News: Liquid Network announced that the emergency release Elements v23.3.4 is now live, with Functionary nodes having immediately begun upgrades. All Liquid node operators are advised to update accordingly. This release addresses a previously identified Proof validation cache vulnerability by strengthening the cache keys used for Range Proofs.Regarding network recovery, Blockstream stated that a recovery plan is still being formulated, expected to proceed in three phases: **resume block production while continuing to pause Peg operations; replay verified valid transactions; restore Peg operations after the network state is fully recovered and fund returns are confirmed.** Currently, the first two phases are being tested in parallel, and any phase will only advance once confirmed secure.Liquid Network stated that Elements v23.3.4 has undergone multiple rounds of internal and external reviews, with participants including the Bitcoin Red Team, Alpen Labs, and other teams. Meanwhile, Liquid Network reminds users to be wary of fake upgrade websites exploiting this incident for scams. Information should only be obtained through official Liquid Network and Blockstream channels, and users should never send funds to strangers or disclose private keys or seed phrases.
: Canary Capital has announced the launch of the Canary Staked TRX ETF, trading under the ticker TRXS. The product is designed to provide investors with exposure to TRX while earning staking rewards, offering a registered structure-based investment avenue for investors focused on payment and settlement infrastructure.Canary also cautioned that TRXS is not a direct investment in TRX, and that this exchange-traded product is not registered under the Investment Company Act of 1940. As such, it does not benefit from the same regulatory and investor protections afforded to registered ETFs and mutual funds under that act. The product carries higher risk and greater volatility, and investors may lose their entire principal.
According to Fortune, stablecoin payment infrastructure company Latitude, founded by former employees of Stripe, Uber, Coinbase, and Meta, has announced the completion of a $35 million Series A funding round, led by Oak HC/FT, with participation from NEA, Coinbase, Lightspeed Faction, and OpenFX. Latitude aims to address the "last mile" challenge following cross-border stablecoin payments by providing enterprises with infrastructure that converts stablecoins into local currencies and facilitates fund disbursement through local payment methods such as bank accounts and mobile wallets. Its current clients span digital banks, payroll platforms, e-commerce marketplaces, and financial institutions. The company previously closed an $8 million seed round. The new capital will be used to scale its compliance, engineering, legal, and sales teams, while accelerating efforts to secure regulatory licenses in markets including Southeast Asia, Latin America, and Africa.
Odaily News: Kyrgyzstan's Minister of Internal Affairs, Ulan Niyazbekov, stated that since 2026, the country's internal affairs bodies have launched 90 criminal investigations involving cryptocurrencies, covering cases such as online fraud, theft of funds, money laundering, and transfer of criminal proceeds. Niyazbekov revealed that while investigating a transnational online fraud gang in 2025, police discovered a TRON wallet containing over $3 million in digital assets on a suspect's device and used blockchain analysis tools to trace the related funds. (Akchabar)
According to reports from the Hong Kong Commercial Daily, Chau Tat-kun, Legislative Councillor for the Innovation and Technology functional constituency, has released a policy initiative titled the "3+3 Collaborative Development Blueprint". The proposal recommends that the Securities and Futures Commission (SFC) establish an independent dedicated department for digital assets to unify regulatory standards, shorten approval cycles, and build an integrated compliance infrastructure. The proposal simultaneously covers several supporting pathways, including establishing early investment channels for Web3, exploring an over-the-counter fundraising mechanism dubbed the "Hong Kong version Web3 Pink Sheet", and advancing the tokenization of real-world assets (RWA) and tokenized equities, aiming to position Hong Kong as an international digital asset hub by 2032. Currently, Hong Kong has approved 11 virtual asset spot ETFs, the highest in Asia, and the Stablecoin Ordinance has also been legislated.
According to CoinDesk, the Crypto Council for Innovation (CCI) and the Blockchain Association filed a motion for a preliminary injunction with an Illinois court on Wednesday, seeking to halt the state's Digital Assets Tax Act before its effective date of January 1, 2027. The tax act was passed on the final day of this year's legislative session, imposing a 0.2% rate on entities headquartered in the state or providing services there with annual gross revenues exceeding $100,000. Both organizations previously sued the bill alongside the Digital Chamber last month, alleging it violates the principle of federal preemption. The filing states that member enterprises have already suffered "irreparable harm" due to the necessity of building compliance systems. CCI CEO Ji Hun Kim stated that businesses are required to spend millions of dollars developing systems for a tax that is unconstitutional and unclear in both scope and timing; Blockchain Association CEO Summer Mersinger stated that since the state cannot collect the relevant taxes during the litigation, "[t]he loss to the state government from waiting is minimal, while the loss to all parties if they continue to proceed would be significant."
According to Fortune, blockchain forensics startup TRM Labs has announced a new round of follow-on funding from existing investors, with the amount undisclosed. Driven by the rapid growth of its AI business, the company’s valuation has doubled to $2 billion, up from $1 billion six months ago. CEO Esteban Castano stated that the company expects to soon achieve the $100 million annual recurring revenue (ARR) milestone and will officially launch a new AI-powered crime investigation platform designed for law enforcement agencies in November, focusing on AI-driven criminal scenarios such as financial fraud, deepfakes, and child sexual exploitation. Castano emphasized that AI serves as the company's second growth engine rather than a business pivot, with blockchain intelligence remaining the core business pillar. The company currently employs approximately 500 people and maintains offices in London, Singapore, and Washington, D.C.
Odaily News: Bonk Guy has issued a scathing critique of the token project associated with Hunter Biden's "LAPTOP," stating that after further observation of the token's performance following its launch, he believes the project clearly exhibits speculative behavior aimed at "extracting profit while showing little understanding of the crypto industry."Bonk Guy particularly questioned the token's fully diluted valuation (FDV), which reportedly reached as high as hundreds of billions of dollars shortly after listing, calling the valuation "absolutely absurd." He also questioned why Hunter Biden himself has become the narrative centerpiece of the crypto market, pointing out that Hunter Biden's public prominence largely stems from the numerous controversies he sparked while his father, Joe Biden, served as President of the United States. He further noted that the Biden administration generally adopted a relatively tough regulatory stance toward the crypto industry during its tenure.Bonk Guy concluded with a warning that investors purchasing this token at its current valuation face extremely high risks, stating that "anyone who buys it deserves to lose 100% of their money."
According to Hyperliquid News, the Hyperliquid Policy Center has filed an amicus brief with the U.S. District Court for the District of Columbia, seeking to dismiss the lawsuit brought by the Chicago Mercantile Exchange (CME) against the Commodity Futures Trading Commission (CFTC). The lawsuit concerns the CFTC's prior approval of regulated cryptocurrency perpetual contracts through Kalshi in the United States. CME had previously challenged that regulatory decision in court, and the Hyperliquid Policy Center now supports the CFTC, arguing that the court should dismiss CME's lawsuit.
Odaily News – The Blockchain Association and the Innovative Crypto Council (CCI) have filed a motion for a preliminary injunction with the Circuit Court of Sangamon County, Illinois, seeking to halt the 0.2% digital asset franchise transaction tax scheduled to take effect on January 1, 2027, during the pendency of litigation. The tax applies to crypto entities established in Illinois or providing services to Illinois residents with annual gross revenues exceeding $100,000. The two lobbying groups had previously sued Illinois over the measure and, together with the Chamber of Digital Commerce, argue that the law violates the federal Internet Tax Freedom Act as well as the Due Process and Interstate Commerce clauses of the U.S. Constitution.
Odaily News - The U.S. Senate is scheduled to hold a cloture vote on the CLARITY Act on Tuesday, with the bill requiring 60 votes to end debate. If it fails to advance with a three-fifths majority, fewer than 36 legislative days will remain before 2027.U.S. Senator Cynthia Lummis, a supporter of the CLARITY Act, stated on September 6 that if lawmakers fail to reach an agreement and send the bill to the President for signature, the next real opportunity for passage may not come until 2030. The 2026 midterm elections will see all 435 House seats and 33 Senate seats up for reelection.Regardless of whether Democrats regain control of one or both chambers of Congress in the midterms, the White House will remain under Republican control until January 2029, and the President could veto any related legislation. Paul Atkins, nominated to chair the U.S. Securities and Exchange Commission (SEC), and Michael Selig, nominated to chair the U.S. Commodity Futures Trading Commission (CFTC), have both stated that if the CLARITY Act does not advance this year, they will continue to push forward with digital asset regulation. (Cointelegraph)
According to CoinDesk, U.S. Bank, the fifth-largest commercial bank in the United States, announced that it has completed a cross-border real-time payment using its self-developed US dollar stablecoin, USBDC. The transaction was executed between entities in North America and Europe via the Stellar blockchain. This test covered USBDC’s minting, redemption, freezing, and recall functions, while also verifying the compatibility of the bank's internally developed Digital Asset Platform with its financial, compliance, and risk control systems. U.S. Bank stated that it is exploring the application of USBDC in scenarios such as cross-border financial operations, liquidity management, and collateral transfers, though it has not yet disclosed a timeline for customer rollout. Previously, 21 financial institutions including Bank of America, Citigroup, and Goldman Sachs announced plans to jointly issue a stablecoin, while several European banks have formed the Qivalis alliance to issue a euro stablecoin, indicating an increasingly clear trend of banks entering the stablecoin sector.
Monitoring by the PPP Prediction Market Tool shows that the probability on Polymarket that "Donald Trump Jr. posts about LAPTOP on X & Truth Social in September" has dropped to 30%, down 20% in 24 hours.The event rules state: if the designated person publishes qualifying written content related to Hunter Biden's Meme coin LAPTOP on X & Truth Social before 11:59 PM ET on September 30, 2026, the market resolves to "Yes"; otherwise, it resolves to "No." Merely using the word "LAPTOP" without clearly indicating the token in context does not qualify. Merely referencing Hunter Biden's LAPTOP, the Hunter Biden LAPTOP controversy, its content, related investigations, or any related events does not qualify.Hunter Biden, son of former U.S. President Joe Biden, plans to launch the Meme coin LAPTOP on the Base chain on September 9. According to the official website description, the Meme coin LAPTOP is inspired by Hunter Biden's "laptop scandal" from six years ago. That scandal also dragged then-Vice President Joe Biden into a massive storm.Join the PPP Signal Push Community to stay ahead of the curve and seize opportunities first.
Odaily News, According to an official announcement from Gate, Gate is exploring a strategic cooperation with clearing and custody company RQD* Clearing. The two parties plan to advance cooperation discussions around digital assets, clearing and market infrastructure, regulatory compliance, and asset tokenization, combining their respective capabilities in digital asset services and financial market infrastructure to identify new business synergy opportunities. Dr. Han, Founder and CEO of Gate, stated that as digital assets and traditional financial markets become increasingly integrated, Gate is focused on building the infrastructure to support this process and looks forward to exploring cooperation opportunities with RQD* Clearing in areas such as clearing, infrastructure, compliance, and asset tokenization.RQD* Clearing provides broker-dealers, registered investment advisors, overseas financial institutions, and proprietary trading firms with the clearing, custody, and technology infrastructure needed to access markets, and leverages its proprietary technology to deliver real-time business data and flexible platform support to clients. This exploration of cooperation is expected to further connect Gate's global digital asset ecosystem with RQD* Clearing's infrastructure capabilities in the market, opening up more possibilities for bridging digital assets and traditional financial systems at the asset, trading, and technology levels.
Odaily News – A Hyperliquid user's account was compromised through unauthorized access, with approximately 738,600 USDC transferred out and an additional 10,287 HYPE unstaked. The affected account is identified by a specific address, with some of the stolen funds flowing to an address suspected to be associated with Bitget. As of the time of verification, the 10,287 HYPE remained in the staking balance and had not yet entered the withdrawal queue. If the attacker proceeds to initiate cWithdraw, the affected assets would be further transferred after a 7-day waiting period. In two similar recent cases, staked assets were stolen a second time due to the lack of a user-triggerable emergency pause mechanism, resulting in losses exceeding $1.1 million. Relevant recommendations include introducing a Guardian or Recovery mechanism that users can pre-enable, which would only temporarily pause withdrawals, transfers, and authorization changes. The pause would expire automatically, and restoration would require a time lock and evidence review, with all actions recorded on-chain.
: Mexico's federal prosecutor's office, Navy, and Puebla State Police seized approximately 300 cryptocurrency mining machines in the mountainous northern area of Huauchinango, Puebla State. During the operation, transformers, medium-voltage cable terminals, and functional satellite internet antennas were also confiscated. Electricity at the site is suspected to have been illegally drawn from federal hydroelectric facilities powered by the Nuevo Necaxa Dam.Crypto mining itself is legal in Mexico, but prosecutors are preparing to file charges of electricity theft. Puebla State Security Secretary Francisco Sánchez stated that investigators traced local illegal mining leads due to the site's proximity to the Nuevo Necaxa Dam and discovered a large-scale power connection at the location.Suspicions of money laundering have not been ruled out. Forensic accountants are currently tracing the source of funds used to purchase the mining machines, and state authorities are also examining whether the mined output was used to launder criminal proceeds. Mexico's Federal Electricity Commission has joined the investigation. From January to July 2024, non-technical losses caused by electricity theft, meter tampering, and illegal connections amounted to approximately 6.346 billion kilowatt-hours, valued at around 1.38 billion pesos. (Decrypt)
According to Decrypt, Mexican federal prosecutors, along with the Navy and Puebla state police, raided a property in the remote mountainous area of Tlaola City, Puebla State. Approximately 300 cryptocurrency mining rigs were seized on-site, along with equipment such as transformers, medium-voltage terminals, and satellite internet antennas. The investigation revealed that the mining farm was illegally connected to the grid of the Nuevo Necaxa hydroelectric power plant, and authorities have filed charges for "theft of electricity." Forensic accountants are currently tracing the funding sources for the hardware, and money laundering suspicions have not been ruled out. Data from the Mexican Federal Electricity Commission shows that non-technical electricity losses reached as high as 6,346 gigawatt-hours between January and July 2024, valued at approximately 13.8 billion pesos (about $817 million).
According to Bitcoin.com, Ripple Chief Legal Officer Stuart Alderoty has recently visited the offices of several senators with undecided or opposing stances, requesting that they meet with actual U.S. cryptocurrency holders before the vote. Ripple cites data showing that there are currently 67 million cryptocurrency holders in the United States, with the industry providing 232,000 jobs and generating approximately $55 billion in economic activity. A procedural vote will take place on September 15, requiring at least 60 votes to initiate formal debate on the CLARITY Act. The bill aims to establish a federal regulatory framework for digital assets, transferring oversight authority of the digital commodity spot market to the CFTC, marking the largest expansion of the CFTC's powers in its history. Currently, seven Democratic senators have raised ethical concerns regarding the bill, leaving uncertainty over whether it can clear the 60-vote threshold.
According to Cryptopolitan, the latest data from Token Terminal indicates that the total supply of euro-denominated stablecoins reached $848.1 million on September 7, reflecting a year-to-date growth of approximately 22.6%, or a net increase of around $156 million. During the same period, US dollar stablecoins saw a net increase of merely $159 million; however, their base stands at $298.5 billion, making it 350 times larger than the euro stablecoin market. Regarding market concentration, EURC and EURCV collectively account for 82% of the euro stablecoin supply. EURCV, issued by SG-Forge—a digital asset subsidiary of Société Générale—holds a MiCA-compliant license and represents 19.6% of the market, marking it as the first stablecoin primarily backed by a licensed European bank subsidiary. On-chain distribution shows that Ethereum captured approximately $125 million in new issuances year-to-date, claiming a 69.4% market share, while Solana added around $30 million, securing 14.7%. Combined, these two chains accounted for nearly all annual growth. Conversely, Base witnessed a contraction, declining from $73.9 million to $58.7 million. Analysts point out that the expansion of euro stablecoins is predominantly supply-driven by issuers rather than demand-pulled by users. Liquidity for euro pairs within DeFi lending pools and perpetual contracts remains sparse, indicating that the supply-demand imbalance has yet to be resolved.